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Independent Freight Forwarding Business For Sale

Devon, UK
Freehold Price:
£488,000
Leasehold:
£100,000
Turnover:
£1M - £5M
Net Profit:
Undisclosed

Gator Business Sales are pleased to offer for sale this independent freight forwarding business.

Established and continuously trading for in excess of 40 years, the company provides import, export, packing and delivery services (air, sea and land) to a wide range of customers and industries.

The majority of clients (approx. 70%) are currently based in the South West of England.

Experienced employees in place.

Freehold, leasehold or relocation sale.

Ideal bolt-on acquisition for any freight forwarding or similar business seeking significant non-organic growth.

Property Information

Property:

Available as freehold and leasehold

Lease Terms:

If a leasehold purchase is preferred, the vendor would offer a new 10 year lease at an incoming rent of £28,000 per annum, exact terms to be agreed.

Location:

Ideally located within a busy modern industrial estate.

Premises Details:

Nicely presented premises totalling approx. 471.65 sq m/5,075 sq ft.

Business Operation

Reasons for selling:

Planned retirement.

Trading hours:

Office hours are Monday-Friday: 8.30am-5.30pm.

Employees:
There are currently 7 employees, 5 full-time and 2 part-time. Additionally one of the directors works part-time in the business and usually invests circa 26 hours per week.
Years established:
43

Other Information

Support & training:

Tailored to the requirements of the purchaser.

Leasehold asking price:
£100,000
Relocatable:
This business can be relocated.